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For nearly 175 years, people have worked with New York Life to protect their
families and futures. We believe in the importance of human guidance and in
trusted relationships built on being there when our customers need us most.

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Learn the Basics

Spending Habits: How much am I spending?

Our spending habits calculator helps you recall and itemize your living expenses. For example, the calculator helps you answer questions such as: How much do I spend on mortgage payments and/or rent? How much money do I pay each month on medical bills? How about payments for utilities, food, clothing, education, child care? An itemization of your living expenses may help you budget better and plan for future expenses.

The results and explanations generated by this calculator may vary due to user input and assumptions. For a more detailed financial analysis, complete the Contact an Agent form on the right and a local New York Life agent will contact you.

The results and explanations generated by this calculator may vary due to user input and assumptions. New York Life Insurance Company does not guarantee the accuracy of the calculators, results, explanations, nor applicability to your specific situation. Calculator results are hypothetical, based on assumptions which you choose. We recommend that you use this calculator as a guideline only and you ultimately seek the guidance of an experienced professional.

Assumptions

Monthly or annual figures?

Expenses

Mortgage payment or rent ($)

Vacation home (mortgage) ($)

Automobile loan(s) ($)

Personal loan(s) ($)

Charge accounts ($)

Federal income taxes ($)

State income taxes ($)

FICA (social security taxes) ($)

Real estate taxes ($)

Other taxes ($)

Utilities ($)

Household repairs and maintenance ($)

Food ($)

Clothing and laundry ($)

Educational expenses ($)

Child care ($)

Automobile expenses (gas, repairs, etc.) ($)

Other transportation expenses ($)

Life insurance premiums ($)

Homeowners (renters) insurance ($)

Automobile insurance ($)

Medical, dental and disability insurance ($)

Entertainment and dining ($)

Recreation and travel ($)

Club dues ($)

Hobbies ($)

Gifts ($)

Major home improvements and furnishings ($)

Professional services ($)

Charitable contributions ($)

Other and miscellaneous expenses ($)

Power By
The results and explanations generated by this calculator may vary due to user input and assumptions. New York Life Insurance Company does not guarantee the accuracy of the calculators, results, explanations, nor applicability to your specific situation. We recommend that you use this calculator as a guideline only and you ultimately seek the guidance of an experienced professional.

Consult an Agent

Simply complete and send the form below, and a New York Life Agent in your area will contact you to discuss your options.